Canadian Investor Protection Fund - CIPF
Definition of 'Canadian Investor Protection Fund - CIPF'A Canadian not-for-profit organization set up by the investment industry designed to protect investors from the bankruptcy of an individual investment firm.Accounts are covered for up to $1 million in shortfall of securities, commodity and futures contracts, segregated insurance funds and cash. Shortfall is the difference between the market value of the account and what the insolvent company can return to the customer. |
|
Investopedia explains 'Canadian Investor Protection Fund - CIPF'While investment firms rarely become insolvent, the CIPF exists to protect the investment accounts of customers.The size of the fund's resources is close to $300 million. |
Related Definitions
Articles Of Interest
-
How To Calculate A Z-Score
Investors need to know how to detect signs of looming bankruptcy. The Z-score can help. -
An Overview Of Corporate Bankruptcy
If a company files for bankruptcy, stockholders have the most to lose. Find out why. -
6 Asset Allocation Strategies That Work
Your portfolio's asset mix is a key factor in whether it's profitable. Find out how to get this delicate balance right. -
Nobel Winners Are Economic Prizes
Before you try to profit from their theories, you should learn about the creators themselves. -
Investing During Uncertainty
The inability to forecast future events can turn the markets upside down. Find out how to stay right-side up. -
An Overview Of Commodities Trading
Commodities markets, both historically and in modern times, have had tremendous economic impact on nations and people. Investing in commodities can quickly degenerate into gambling or speculation ... -
The Copper King: An Empire Built On Manipulation
Find out how Yasuo Hamanaka's actions in the copper market forever changed the rules for commodity traders. -
An Introduction To CFDs
The benefits of these securities abound, but high leverage also magnifies potential losses. -
Breaking Down Financial Securities Licenses
Find out which exam you need to begin your career as an investment professional. -
Using Index Futures To Predict The Future
Want to know whether the stock market will open up or down? Check out the index futures.
Free Annual Reports